In a recent earnings release, SJM Holdings wrote that the construction of the integrated resort on the Cotai Strip will be completed in the first half of 2019, with the Chief Executive Officer Ambrose So Shu Fai being quoted as saying that the group was, “looking forward to completion of construction in the coming months”.

The note from the Union Gaming states that, ‘given the length of obtaining the necessary government permits and approvals, we still think that very late 2019 is the most likely opening time frame. As such, we continue to model a 2020 economic impact for the property’.